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Libya’s oil production decreased from 1.3 million barrels to 800,000 barrels per day within a few days

Libya’s production of crude oil decreased to 800,000 barrels per day due to the closure of a number of oil facilities, after Libyan oil production was in the range of 1.3 million barrels per day last Friday.

This drop in production came after protesters demanding the resignation of Prime Minister, Abdul Hamid Dbeibeh, closed a number of oil fields and ports, including the Sharara field, the largest oil field in the country, with a production of 300,000 barrels per day, as well as El Feel field, which his daily production is 65,000 barrels, in addition to the closure of the Zuwetina and Brega ports, which forced the National Oil Corporation to declare force majeure on these oil facilities.

Adapted from Bloomberg News

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